Terrell Hills January First-Time Homebuyer Report

The population of Terrell Hills is very affluent compared to others in Texas with a median income of $93,962 per household. It's also considered a very expensive city in terms of affordability with a cost of living adjustment score of 123.7. Terrell Hills is made up of homes that are considered older than most with a median of 56 years.

Price Range

The median value of homes in Terrell Hills is $307,300, making it one of the most valuable areas in Texas. At the same time, the average list price of available homes is presently $727,673. The Terrell Hills market reported positive news in this week's report, as the number of home sales rose 25.0%, pushing the total to five homes sold over the last 30 days.

Make sure you take a look at these eye-catching homes in Terrell Hills that generated the most views from potential buyers:

$3.5M   $1.2M   $1.8M  

Typical Dwelling

The typical dwelling in Terrell Hills is a four-bedroom detached home worth about $747,795. To purchase a similar home, a buyer with good credit and a $149,559 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,849 monthly payment. The property tax rate is $19.31 per $1,000 of taxable assessed value.

Get started right now by checking out Terrell Hills homes for sale or reviewing Terrell Hills real estate trends.


Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
Better Homes & Gardens - Bradfield Properties
1 review
3D Realty & Property Management
Snapped 4 homes in this area
Better Homes and Gardens Real Estate Bardfield Properties
Snapped 39 homes in this area

Agents that specialize in this area
25 snaps in this area
12 snaps in this area
6 snaps in this area
9 snaps in this area
4 snaps in this area
15 snaps in this area
1 snap in this area
1 snap in this area
3 snaps in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.